Have you heard about this “auto-evict” petition that’s been flying around the province for the last month and a half? It’s got 37 thousand signatures on it from BOTH tenants and landlords now!    First, some data. I know, and I’m sorry. Stick around for the good stuff, but you need this to be able…

The recent data released by the Municipal Property Assessment Corporation (MPAC) unveils a stark transformation in Ontario’s real estate landscape over the past decade. In 2013, a substantial majority (74%) of residential properties in Ontario were valued under $500,000, with 91% under $750,000. Fast forward to the present, and these figures have plummeted to just…

Navigating the rental property market requires a keen eye for detail and an understanding of what constitutes a promising investment. You’re likely wondering, “how do I evaluate a rental property? What are the signs of a good real estate investment opportunity?” Fret not; this article aims to provide a straightforward walkthrough of the essential metrics…

Navigating the realms of property management can be complex. This guide demystifies how expert property management can boost your investment’s value, save you time, and keep tenants happy. As it delves into the roles, advantages, and innovative technologies in property management, you’ll gain the clarity needed to make astute decisions for your real estate assets.…

Navigating the world of property maintenance can be daunting for many property owners, especially when contemplating whether to hire a property manager. It’s essential to understand the different approaches adopted in the industry. The common maintenance models that managers employ are: The In-House Maintenance Team Model The Maintenance Mark-Up Model The 3rd Party Maintenance Model…

Tenant insurance, often referred to as renters insurance, is designed to protect renters from various potential financial losses. While it covers many situations, there are specific exclusions tenants in Ontario should be aware of. Here’s a comprehensive look at what your tenant insurance might not cover: 1. Intentional Damage or Criminal Acts: If a tenant…

Navigating the complexities of unpaid rent can be challenging for landlords. With the Residential Tenancies Act (RTA) of Ontario acting as a framework, landlords can better understand their rights and responsibilities, ensuring a lawful and empathetic approach. This article delves deep into how landlords should approach unpaid rent, using guidelines set by the RTA. 1.…

When you’re renting a property, life can sometimes throw curveballs that might affect your ability to pay rent on time. It’s a stressful situation, but understanding your rights and responsibilities can make navigating these challenges a bit smoother. For tenants in Ontario, the Residential Tenancies Act (RTA) provides guidelines and regulations. Here’s what you should…

A successful landlord-tenant relationship begins with finding the right tenant. As a landlord, the future of your rental property significantly hinges on this crucial choice. It’s not merely about filling the vacancy; it’s about ensuring a consistent rental income, minimizing potential property damage, and reducing chances of conflicts or legal hassles. Let’s dive into a…

Navigating the intricacies of the Residential Tenancies Act (RTA) can be challenging for landlords, especially when it comes to rent increases. One of the essential tools in a landlord’s arsenal is the N1 Form provided by Tribunals Ontario. This form is used to notify tenants of a rent increase. In this article, we’ll delve into…